macro trade out of stocks into bonds takes precedence

[bid1234]

Macro trade that started Aug first still out there. Big sellers of SPU futres buyin FVU futures and FI cash. Estimated size of the trade as much as 20 billion US over the next few weeks

 

[Skimbleshanks]

There's certainly sommat going on out there - you can just tell by the nervy market, and July 31 was the tell-tale sign.

Of course, if you can expand on your short statement, I'm sure others will find it interesting.

Oh, and welcome to T2W by the way. 😀

 

[dsmodi]

agree with skim

 

[bid1234]

strategic and tactical allocation

Models on a tactical basis as well as strategic investors are selling SPU futures or eqivalents and buying FI across the curve.

tactical allocations are model driven and not subjective
Strategic allocations are subjective and longer term

Pension fund and plan sponsors are the players

 

[Halo]

if you don't mind me asking bid1234, what's your background, you're not a novice by the sounds of it, this sort of quality institutional info. could be good for us all here on these boards (we can all watch to see how genuine it is). cheers